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Updated over 4 years ago,
Where should I move?
Hey everyone! Alessandro here (you can call me Alex)—I'm Italian, currently living in Manhattan. NYC isn't what it used to be and I decided it's not worth to stay here for the next 6-12 months—so I decided to move somewhere else :)
I can move anywhere: I'm looking for a city that has both a good real estate market and a good quality of life—ideally close to the mountains and on the east coast. My focus is generating cashflow and my goal is to buy and hold 3 single family rentals in the next 12 months and then buy and hold multi-family rentals.
I've read multiple articles with a headline that sounds something like: "best city to buy rental property"—but none of them is convincing. How would you suggest I make this decision? What are the main criteria? And if you had the opportunity to move anywhere in the US, where would you move?
Thanks!